These results would be considered very "promising" by the geos IMO ... they know there is stuff down there & they are getting a real good SNIFF!!! Ore bodies like Olympic Dam and Prominent Hill were found vis similar type discovery holes.
Problem is, which direction is the source? it could be 100 meters away in either direction, or a many kilometers!! Not much on paper, but when you are drilling 1000m deep holes in the ground, a "miss is as good as a mile."
Along with good geo expertise, they are going to need a good dose of luck ... something that all major finds probably had a dash of! Good thing is they have a major international mining house funding this elephant search 100% ... MOX probably have the best seat in the house on this one!
MOX Price at posting:
4.9¢ Sentiment: LT Buy Disclosure: Held